Ardent halves work force
Washington Business Journal
Ardent Communications, an Arlington, Va.-based company that wires hotels for high-speed Internet access recently cut half of its staff, to about 60 people, a company spokeswoman confirmed today.
The layoffs were the company's second round in two months. Ardent, formerly known as CAIS Internet, cut its work force from 278 to 120 employees the day before filing for Chapter 11 bankruptcy protection in early October.
Ardent's latest round of layoffs came Nov. 20. The day before, the company sold off its customer list and contract to Herndon, Va.-based Network Access Solutions for $2 million and $4.7 million debt, Ardent spokeswoman Allison Tobin confirmed.
Earlier this month, Ardent replaced CEO Michael Lee with its former chairman and CEO Ulysses Auger. Auger held the post between 1998 and October 2000. Lee resigned Nov. 9, after serving as president and CEO since March.
The company also rehired Evans Anderson as president. Anderson started with the company in 1997 but left early this year.
Three of Ardent's directors, Alexander Navab, James Greene and John Saer, resigned from the company's board in conjunction with the filing.
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